Checked.be
Active
BE 0424.028.867Public limited company
D.H.K.
Rue de la Wallonie 3 ·6200 Châtelet, Belgium· 43 yrs active
Sector: Groothandel in overige bouwmaterialen
(46839)
Conclusion
The computed 12-month bankruptcy probability of D.H.K. is 0.4% (very low). The 2024 annual accounts show equity of €839k and a net result of €-534k. Equity is shrinking by ~43.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 29% of 549 sector peers (fiscal year 2024). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €839k |
| Net result | €-534k |
| Staff (FTE) | 32.2 |
| Better than sector | 29% |
Financial profile
33
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
7
Profitability
0
Solvency
22
Growth
36
Stability
100
Bankruptcy probability (12 mo)
0.4%
Very low
0%0,5%1,5%4%10%≥25%
Long track record
−Lower-risk legal form
−Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1983, 43 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
7
/ 100
Critical
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 05-08-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
At this pace, equity would indicatively turn negative around fiscal year 2026, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.2% | 31.0% | |
| Net result | €-534k | €47k | |
| Equity | €839k | €468k | |
| Staff costs | €1.63M | €494k | |
| Employees (FTE) | 32.2 | 7.5 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€10.82M
-3.7%
18-24
€-30k
-
18-24
€-534k
-
18-24
€-63k
-
18-24
€6.37M
+1.9%
18-24
€839k
-38.0%
18-24
€409k
-67.4%
18-24
32
-5.3%
18-24
Show 15 other metrics
€1.63M
-4.7%
18-24
€47k
-32.7%
18-24
€2.20M
-
18-24
€5.53M
+12.9%
18-24
€3.38M
+24.7%
18-24
€2.15M
-1.4%
18-24
1.12
-23.4%
18-24
0.41
-31.5%
18-24
13.2%
-39.1%
18-24
6.59
+81.9%
18-24
-63.6%
-
18-24
-8.4%
-
18-24
-4.9%
-
18-24
-0.3%
-
18-24
-0.22
-
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €10.82M |
| EBITDA | €-30k |
| Net profit | €-534k |
| Cash flow | €-63k |
| Staff costs | €1.63M |
| Income taxes | - |
| Dividends | - |
| Total assets | €6.37M |
| Equity | €839k |
| Debt | €5.53M |
| of which ≤ 1y | €3.38M |
| of which > 1y | €2.15M |
| Working capital | €409k |
| Employees (FTE) | 32.2 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.12 |
| Quick ratio | 0.41 |
| Working capital ratio | 6.4% |
| Solvency | 13.2% |
| Debt / equity | 6.59 |
| Long-term debt ratio | 2.56 |
| Interest coverage | -0.22 |
| Gross margin | 29.8% |
| Net margin | -4.9% |
| ROA | -8.4% |
| ROE | -63.6% |
| EBITDA margin | -0.3% |
| Days sales outstanding | 38d |
| Days payable outstanding | 63d |
| Inventory turnover | 3.18 |
| Days inventory (DSI) | 115d |
Balance-sheet composition 2024
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €6.37M |
| Fixed assets | 21/28 | €2.58M |
| Intangible fixed assets | 21 | €532k |
| Tangible fixed assets | 22/27 | €2.05M |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €3.79M |
| Stocks & contracts in progress | 3 | €2.39M |
| Amounts receivable within one year | 40/41 | €1.16M |
| Cash & bank | 54/58 | €45k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €6.37M |
| Equity | 10/15 | €839k |
| Contributions / capital | 10/11 | €500k |
| Reserves | 13 | €289k |
| Accumulated profits (losses) | 14 | €-134k |
| Amounts payable | 17/49 | €5.53M |
| Amounts payable after one year | 17 | €2.15M |
| Amounts payable within one year | 42/48 | €3.38M |
| Trade debts payable within one year | 44 | €1.31M |
| Income statement | ||
| Turnover | 70 | €10.82M |
| Operating result | 9901 | €-501k |
| Financial income | 75 | €130k |
| Financial charges | 65 | €163k |
| Result before taxes | 9903 | €-534k |
| Net result for the period | 9904 | €-534k |
| Result to be appropriated | 9905 | €-369k |
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
F.C.G. Réviseurs d'EntreprisesAuditorState Gazette act 22106228 (06-09-2022)Current06-09-2022 → present
-
Monsieur Gautier RouyerDirectorState Gazette act 22078287 (01-07-2022)Current01-07-2022 → present
-
Thierry DuboisDirectorState Gazette act 21150390 (24-12-2021)Current08-07-2021 → present
6 events
- 24-12-2021 Appointed· Director
- 08-07-2021 Appointed· Director
- 08-07-2021 Appointed· Managing director
- 10-08-2020 Resigned· Director
- 04-03-2016 Appointed· Managing director
- 04-03-2016 Resigned· Managing director
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Philippe DUBOISDirectorState Gazette act 20091758 (10-08-2020)Not recently confirmedlast confirmed in an act from 2020
3 events
- 24-12-2021 Resigned· Director
- 10-08-2020 Appointed· Director
- 04-03-2016 Resigned· Managing director
-
S.A. OBUDISDirectorState Gazette act 16032920 (04-03-2016)Not recently confirmedlast confirmed in an act from 2016
Permanent representatives (2)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
Philippe DuboisReprésentant permanentState Gazette act 21150390 (24-12-2021)Permanent representative24-12-2021 → present
-
Thierry DuboisReprésentant permanentState Gazette act 21150390 (24-12-2021)Permanent representative- → 24-12-2021
Former directors (4)
-
BD0 Réviseurs d'entreprisesAuditorState Gazette act 22106228 (06-09-2022)Former- → 06-09-2022
-
Monsieur Philippe DuboisDirectorState Gazette act 22078287 (01-07-2022)Former- → 01-07-2022
-
Monsieur Thíerry DuboisDirectorState Gazette act 22078287 (01-07-2022)Former- → 01-07-2022
-
OBUDIS SALegal entityDirectorState Gazette act 22078287 (01-07-2022)Former- → 01-07-2022
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Nicolas BUTACIDECurrent Commissaire réviseur d'entreprises |
- | 02-10-2025 → present |
Show 2 earlier auditors
| Annette Duroisin Commissaire |
- | - → 01-07-2019 |
| Christophe Colson Commissaire succeeded by Nicolas BUTACIDE in 2025 |
- | 29-11-2019 → 02-10-2025 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Legal Structure
| NACE primary | Groothandel in overige bouwmaterialen(46839) |
| Legal form | Public limited company(014) |
| Incorporation | 27-05-1983 |
| Status | Active |
| Postal code | 6200 |
Establishment units
D H K
since 19832.022.401.597
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52026C0531/00S000 | Wallonia | 912 m² | 1 · 136 m² | 14.1 m · 4 fl. |
Methodology
via establishment units: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
02-10-2025
State Gazette act
Director changes
05-08-2025
NBB filing
Annual accounts filed
2024
03-07-2024
NBB filing
Annual accounts filed
2023
04-07-2023
NBB filing
Annual accounts filed
2022
25-10-2022
State Gazette act
Statutes amendment
06-09-2022
State Gazette act
Director changes
01-07-2022
State Gazette act
Director changes
13-05-2022
NBB filing
Annual accounts filed
2021
24-12-2021
State Gazette act
Director changes
08-07-2021
State Gazette act
Director changes
30-06-2021
NBB filing
Annual accounts filed
2020
10-08-2020
State Gazette act
Director changes
05-06-2020
NBB filing
Annual accounts filed
2019
29-11-2019
State Gazette act
Director changes
01-07-2019
NBB filing
Annual accounts filed
01-07-2019
State Gazette act
Director changes
2018
23-05-2018
NBB filing
Annual accounts filed
2017
18-05-2017
NBB filing
Annual accounts filed
2016
10-06-2016
NBB filing
Annual accounts filed
04-03-2016
State Gazette act
Director changes
2015
06-08-2015
State Gazette act
Director changes
Belgian State Gazette reading coverage
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 11
updated 10 months ago
2025
02-10-2025 Nicolas BUTACIDE appointed as commissaire réviseur d'entreprises
- Nicolas BUTACIDE, Commissaire réviseur d'entreprises
Summary:
v3.2
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25-10-2022 Articles of association amended
Summary:
v3.2
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}06-09-2022 1 director appointed, 1 resigning
- F.C.G. Réviseurs d'Entreprises, Auditor
- BD0 Réviseurs d'entreprises, Auditor
Summary:
v3.2
Technical details
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}01-07-2022 1 director appointed, 3 resigning
- Monsieur Gautier Rouyer, Bestuurder
- OBUDIS SA, Bestuurder
- Monsieur Philippe Dubois, Bestuurder
- Monsieur Thíerry Dubois, Bestuurder
Summary:
v3.2
Technical details
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24-12-2021 2 directors appointed, 2 resigning
- Thierry Dubois, Bestuurder
- Philippe Dubois, Représentant permanent
- Philippe Dubois, Bestuurder
- Thierry Dubois, Représentant permanent
Summary:
v3.2
Technical details
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}08-07-2021 2 directors appointed
- Thierry DUBOIS, Bestuurder
- Thierry DUBOIS, Gedelegeerd bestuurder
Summary:
v3.2
Technical details
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}2020
10-08-2020 1 director appointed, 1 resigning
- Philippe DUBOIS, Bestuurder
- Thierry DUBOIS, Bestuurder
Summary:
v3.2
Technical details
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}2019
29-11-2019 Christophe Colson appointed as commissaire
- Christophe Colson, Commissaire
Summary:
v3.2
Technical details
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}01-07-2019 Annette Duroisin resigns as commissaire
- Annette Duroisin, Commissaire
Summary:
v3.2
Technical details
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}2016
04-03-2016 2 directors appointed, 2 resigning
- S.A. OBUDIS, Bestuurder
- Thierry DUBOIS, Gedelegeerd bestuurder
- Thierry DUBOIS, Gedelegeerd bestuurder
- Philippe DUBOIS, Gedelegeerd bestuurder
Summary:
v3.2
Technical details
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}2015
06-08-2015 Change in the board of directors
Summary:
v3.2
Technical details
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}Credit advice
Company registry (CBE)
Activities
Groothandel in overige bouwmaterialen46839Overige groothandel51900Niet-gespecialiseerde groothandel46900
Primary activity highlighted.
Names & trade names
| Legal nameFR | D.H.K. |
Registered office
Rue de la Wallonie 3
6200 Châtelet, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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